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Silver Dollar Resources Reports 361.8 g/t AgEq over 8.37 Metres and Resumes Exploration Drilling at the La Joya Silver Project in Durango, Mexico
Additional assay results are pending, and the Company is fully funded for 2022 Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Silver Dollar Re
About this update from Silver Dollar Resources, Inc.
[{"type":"text","content":" Additional assay results are pending, and the Company is fully funded for 2022 Vancouver, British Columbia--(Newsfile Corp. - March 24, 2022) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQX: SLVDF) (\"Silver Dollar\" or the \"Company\") is pleased to report initial exploration results for the fall and winter drilling program completed at the La Joya Silver Project (the \"Property\") located in the state of Durango, Mexico (See Figure 1). Highlights include: Hole NOR-21-002 that returned 131.2 grams per tonne (g/t) silver equivalent (AgEq) over 5.37 metres (m); and Hole NOR-21-004 that returned 1,590 g/t AgEq over 3.00 m, and 2,369 g/t AgEq over 1.01 m within a broader intersection of 361.8 g/t AgEq over 8.37 m. Drilling focused on the underexplored Noria portion of the Property and was successful in identifying possible structural extensions of the known mineralized zones as well as the discovery of a new shallow high-grade gold zone. The next phase of drilling will focus on these new targets and is expected to commence before month-end. Drill core samples from all 11 holes completed over a total of 2,424 metres of drilling were submitted for analysis, and the results reported below are for the first seven holes. Holes NOR-21-001 and NOR-21-002 targeted possible westward and downward extensions of the mineralization related to the past-producing Embotelladora mine, one of the historic artisanal mines on the Property. Hole NOR-21-001intercepted the Embotelladora structure and 27 m of anomalous copper (Cu) and silver (Ag) values which graded 10.7 g/t Ag and 674 ppm Cu starting at 66 m downhole. This hole was successful in confirming the extension of the mineralized structure. Hole NOR-21-002 intersected the downdip extension of the Embotelladora structure with an intercept of 110 g/t Ag over 5.37 m from a depth of 118.62 m downhole. Hole NOR-21-003 targeted a historic gold intercept excluded from the database with a short 69 m hole but did not return any significant results. Hole NOR-21-004 was drilled to test the deep high-grade \"San Martin\" type mineralization intercepted in historical hole LB96-04. This hole deviated significantly to the south and failed to intercept mineralization at the target depth. However, the hole did encounter unexpected high-grade gold in multiple intervals that have been verified by check assays in...